Barclays PLC Buys 225,644 Shares of The Marcus Co. (NYSE:MCS)

Barclays PLC boosted its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 135.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 392,388 shares of the company's stock after buying an additional 225,644 shares during the quarter. Barclays PLC owned 1.25% of Marcus worth $5,913,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MCS. GAMMA Investing LLC raised its holdings in Marcus by 53.0% during the 3rd quarter. GAMMA Investing LLC now owns 3,858 shares of the company's stock worth $58,000 after buying an additional 1,336 shares during the period. nVerses Capital LLC acquired a new stake in shares of Marcus during the third quarter valued at approximately $32,000. Innealta Capital LLC acquired a new stake in shares of Marcus during the second quarter valued at approximately $30,000. CWM LLC lifted its position in shares of Marcus by 3,319.0% in the 2nd quarter. CWM LLC now owns 2,872 shares of the company's stock valued at $33,000 after acquiring an additional 2,788 shares in the last quarter. Finally, Walleye Trading LLC boosted its stake in Marcus by 14.5% in the 3rd quarter. Walleye Trading LLC now owns 34,000 shares of the company's stock worth $512,000 after purchasing an additional 4,300 shares during the period. Institutional investors and hedge funds own 81.57% of the company's stock.

Insider Buying and Selling at Marcus

In related news, VP Thomas F. Kissinger sold 8,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $22.31, for a total transaction of $178,480.00. Following the transaction, the vice president now owns 186,585 shares of the company's stock, valued at approximately $4,162,711.35. This trade represents a 4.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 5.00% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on MCS shares. Benchmark boosted their target price on shares of Marcus from $22.00 to $25.00 and gave the company a "buy" rating in a research note on Monday, November 25th. Barrington Research reissued an "outperform" rating and set a $24.00 price target on shares of Marcus in a research report on Wednesday, November 13th. Finally, StockNews.com upgraded Marcus from a "hold" rating to a "buy" rating in a research report on Friday, November 15th.

Marcus Stock Up 0.1 %

Shares of NYSE:MCS traded up $0.03 during trading on Friday, reaching $21.47. 469,564 shares of the company traded hands, compared to its average volume of 502,502. The firm has a fifty day simple moving average of $20.35 and a 200 day simple moving average of $15.46. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The Marcus Co. has a 1-year low of $9.56 and a 1-year high of $23.16. The firm has a market cap of $675.88 million, a P/E ratio of -63.15, a price-to-earnings-growth ratio of 4.95 and a beta of 1.54.

Marcus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, November 25th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.28 dividend on an annualized basis and a yield of 1.30%. Marcus's payout ratio is -82.35%.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.